Auction Catalog
106± Acres | Blueberries | Woodlands | Bacon Co., GA
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A new bid has been placed on: 1, 2, 3, 4 ...--05/17/2022 3:58 PM -56
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A new bid has been placed on: 4 ...--05/17/2022 3:59 PM -25
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A new bid has been placed on: 3 ...--05/17/2022 3:59 PM -40
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A new bid has been placed on: 1 ...--05/17/2022 4:01 PM -30
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A new bid has been placed on: 1 ...--05/17/2022 4:10 PM -28
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"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.